Regulatory Other

At a European Commission Directorate-General for Energy presentation in Brussels on Friday 21 April 2023 of European projects seeking PCI/PMI list inclusion, it became publicly apparent that the Greek state — including the energy ministry and the Regulatory Authority for Energy (RAE) — together with Egypt and Bulgaria, was backing the competing GREGY Interconnector (a 3.5 billion EUR Copelouzos/Elica-promoted 950 km Egypt-mainland Greece HVDC link) over the Eunice Group's GAP Interconnector for the Greek-Egyptian grid-link slot. National-government and national-regulator support is a heavily weighted criterion in the EU Commission's PCI/PMI assessment, and the Greek state's public backing of GREGY rather than GAP signalled that GAP would not receive comparable national-level endorsement in the 5th PCI list (subsequently adopted as Commission Delegated Regulation 2024/1041, the first Union list of PCIs and PMIs under the revised TEN-E Regulation, OJ-published 8 April 2024). GAP was not selected. Eunice's own current project page acknowledges this status by describing GAP only as a 'Candidate as Project of Common Interest in the 5th PCI list'.